The post Shiba Inu (SHIB) Sees Shorts Exit in 4 Hours While Price Eyes Recovery appeared on BitcoinEthereumNews.com. Shiba Inu reversed a three-day drop earlierThe post Shiba Inu (SHIB) Sees Shorts Exit in 4 Hours While Price Eyes Recovery appeared on BitcoinEthereumNews.com. Shiba Inu reversed a three-day drop earlier

Shiba Inu (SHIB) Sees Shorts Exit in 4 Hours While Price Eyes Recovery

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Shiba Inu reversed a three-day drop earlier in the week, with its price rising to $0.00000622 on Friday, bringing SHIB above the daily MA 50 at $0.00000604.

However, the rise was short-lived, with Shiba Inu returning below the daily MA 50. At the time of writing, SHIB was up 0.53% in the last 24 hours to $0.00000596 and up 0.69% weekly.

The unexpected price move saw short positions exit briefly, with $0 in short liquidations in the last four hours, rather long liquidations were recorded.

$15 XRP? Ripple CTO Emeritus Responds to Critic With Surprise Take

Crypto Market Review: 3 Key XRP Levels Just Collided, Critical Shiba Inu (SHIB) Test for Upcoming Resistance, Ethereum (ETH) Might Lose $2,000 Next Week

This indicated that the sudden price drop had caught long traders who were anticipating a price increase unawares.

The last 24 hours saw more longs liquidated than shorts, with traders anticipating the SHIB rise to continue. According to CoinGlass data, Shiba Inu saw a total of $89,620 in liquidations; long positions accounted for $67,340, and shorts accounted for $22,280.

You Might Also Like

Shiba Inu is attempting a breakout past the daily MA 50 at $0.000006. SHIB’s price briefly returned above here on March 16 and 20, but the rise could not be sustained. If this is achieved, Shiba Inu will aim for $0.00000644, $0.00000836 and $0.000010 while support is expected at $0.00000508.

Shiba Inu open interest jumps 14.31%

Shiba Inu open interest has returned to the green, suggesting traders are increasing their positions.

You Might Also Like

According to CoinGlass data, Shiba Inu open interest is up 14.43%, after earlier dropping as much as 30%. This amounted to $55.70 million in the last 24 hours, indicating that traders are betting on SHIB’s next move.

With the Federal Reserve hinting at increasing uncertainty on growth and inflation outlooks earlier this week, traders have scaled back expectations for Fed rate cuts.

In positivity for the crypto market, the U.S. Securities and Exchange Commission on Tuesday unveiled new details of how it will classify cryptocurrencies, with major cryptocurrencies, including SHIB, deemed not to be securities.

The altcoin market continues to show signs of optimism despite a handful of coins trapped in a tight trading range since early February.

Source: https://u.today/shiba-inu-shib-sees-shorts-exit-in-4-hours-while-price-eyes-recovery

Market Opportunity
SHIBAINU Logo
SHIBAINU Price(SHIB)
$0.000005772
$0.000005772$0.000005772
-4.54%
USD
SHIBAINU (SHIB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump Statue Holding Bitcoin Unveiled Near U.S. Capitol as Crypto Politics Heat Up

Trump Statue Holding Bitcoin Unveiled Near U.S. Capitol as Crypto Politics Heat Up

TLDR: 12-foot golden Trump statue holding Bitcoin unveiled near U.S. Capitol, drawing attention to crypto’s growing role in politics. Installation coincided with Fed’s first 2025 rate cut, sparking discussions on Bitcoin price action and monetary policy links. Project organizers funded the statue to honor Trump’s pro-crypto stance and his Strategic Bitcoin Reserve initiative. Trump’s second [...] The post Trump Statue Holding Bitcoin Unveiled Near U.S. Capitol as Crypto Politics Heat Up appeared first on Blockonomi.
Share
Blockonomi2025/09/18 14:48
Helius Begins Solana Treasury With $175 Million SOL Purchase

Helius Begins Solana Treasury With $175 Million SOL Purchase

The post Helius Begins Solana Treasury With $175 Million SOL Purchase appeared on BitcoinEthereumNews.com. Helius Begins Solana Treasury With $175 Million SOL Purchase Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/helius-solana-treasury-175-million-sol-purchase/
Share
BitcoinEthereumNews2025/09/24 14:01
The genuine reason Trump is trapped — and why Americans are up a creek

The genuine reason Trump is trapped — and why Americans are up a creek

This week, Trump said that he’d do whatever is necessary to ease the oil crisis. He also assured America that the crisis “will be over soon.” Bull----. The problem
Share
Alternet2026/03/22 18:27